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20120924
20121002
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CNBC 15
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CNBC
Sep 24, 2012 7:00pm EDT
him now, eliminated. and what is president obama going to do about this, not meeting with world leaders, not meeting with israeli prime minister netanyahu? this is when president obama says israel is one of our best friends in the region, just one. instead, he's yacking it up on daytime talk shows like "the view" and while there he refused to call the libyan attack on our embassy an attack of terrorism. tonight we'll look at one more sign of the weakness of this amateur president instead of a world leader. >>> also this evening, the battleground now shifts. new numbers now out shows mitt romney gaining ground on middle class families, a 14-point lead over president obama. romney's now making the point that his middle class tax cuts will give much more take-home pay to middle class folks. douglas holtz eakin walks us through the numbers. >>> a punch line at last night's emmys but it is true. american liberals are being brainwashed by hollywood, and hollywood is being brainwashed by obama. we're going to reveal how one network's primetime show shilling for obama care. first up thi
CSPAN
Sep 28, 2012 7:00am EDT
example is every day in "the washington post," whenever there is a picture printed of barack obama or mitt romney, the picture of barack obama always has that beautiful barack obama smile on it. it's the best picture they could find of barack. and then right below it, there will be a picture of mitt romney with a sneer and he's very angry, like he's yelling at a crowd. but when, in fact, there's thousands of pictures available of mitt romney with a beautiful smile on his face and really looking positive and happy. they refuse to print those pictures. for people who don't read but just look at pictures -- there's a lot of people like that. that's one thing that the mainstream media in print, in newspapers, the "new york times," "washington post," they do it all the time. they used to find every glowing picture possible of hillary clinton that they could find. host: all right, kevin, we're going to leave it there and move on to beverly in kearney, missouri, on our democrats line. good morning. caller: good morning, peter. host: how are you? caller: i'm fine. you look nice as usual. you know,
CNBC
Sep 25, 2012 6:00am EDT
reserves of shale gas. and spokesman for mitt romney says the obama administration should formally their china a currency manipulator. semiannual report due on the topic released by treasury in mid october. >> it had stopped for a while and yuan was slowly moving up, but then with all the pressures with their economy, it's kind of turned around. >> when you start messing around with china as a political football on either side, election nearing and -- >> and tensions between china and japan got pretty bad. i heard the lexus is going to be slowing down production because wealthy people don't want to buy a japanese luxury sedan. >> a lot of people that were wealthy aren't quite as wealthy as they used to be. i think trump was always railing about china, too. >> in other news out of washington, the white house is reportedly prepare to go direct federal agencies to develop guidelines for owners of power, water and other infrastructure facilities. it would give the agencies 90 days to propose new regulations and create a new cyber security council at the department of homeland security.
CNBC
Oct 1, 2012 6:00am EDT
the math doesn't work. >> you're the master of the budget. so let's go through the plan. the obama camp says independent groups say if you cut those tax rates for everybody 20%, it costs $5 trillion over ten years. true? >> not in the least bit true. >> how much would it cost? >> its revenue neutral. >> i'm just talking about the cuts. we'll get to the deductions. >> the cut in tax rates is lower all americans tax rates by 20%. it's revenue neutral. >> it's not revenue new pral unless you take away the deductions. the first half, lowering the tax rates, does that cost $5 trillion? >> no. look, i won't get into a baseline art with you but that's what a lot of this is about. lowering tax rates by broadening the tax base works. and you can -- let me finish. >> you haven't given me the math. >> i don't -- it would take me too long to go through all of the math. >> i got to tell you, what did you think of that? i thought that was unbelievable. >> why? >> first of all, it was on fox which we all have views on what you think fox will do. second of all, i think he has no details. >> i don't agr
CNBC
Sep 27, 2012 6:00am EDT
this economy is enacting extreme austerity, and this debate is relevant whether it's obama or romney. is austerity actually denting growth, is it creating more problems than it solves. let me give you one example. we have a sales tax in this country that has been raised from 16% to 18% to 21%. that has created a slight inflation issue. now, pensions are inflation linked. and this country in november has to increase pension abouts by inflation. so by raising 2.5 billion euro v.a.t., it will cost them 3.5 billion euro misincreased pension costs. so you can see the conundrum. they're enacting enormous amounts of austerity, but that's denting an economy which is already in recession. its second since 2008. and things are getting worse. 25% unemployment, a million up sold homes. and we haven't even talked about the banking crisis and the autonomous region, some of which including catalonia are looking trying to get some form of assembly. it is a toxic mix. >> imagine that there will be pressure on markets as this they think unfolds. we're also counting down to the wire here of course in t
CNBC
Sep 26, 2012 6:00am EDT
. but pointless, really. going to lose to the reds one way or another. >>> both president obama and mitt romney will be in ohio today. the story behind that swing state. >>> welcome back. take a look and you'll see that the dow futures are slightly higher. s&p futures up by close to two and a half. this comes after the market ended on its weakest levels of the day yesterday. yesterday was the worst day for the month of september for the dow. it was the worst day in two months for the nasdaq and it was the worst day in three months for the s&p 500. all of that kind of playing out overseas as well. in europe this morning, you are going to see some red arrows. a lot of concern about what's happening as protests pick up in spain, and you see more concerns coming in greece right now about austerity measures. the german dax is down by about 1.5%. the nikkei in japan was down by 2%. >>> in "sporting news," the atlanta braves are on their way to the postseason in. the boft the ninth against the marlins last night, freddy freeman connected and takes it to straight center for a walk-off homer. exciting.
CSPAN
Sep 28, 2012 9:00am EDT
insurance, the reason why i am leaning toward obama -- and i really do not know what obamacare is, but from what i understand ifrom mitt romney, he doesn't believe in any care. my husband has high blood pressure. he was not a mechanic ever insurance we went to, and he could not pass the physical. the insurance company would not injure him. i tried to buy him insurance. as soon as he said he was employed independent, nobody would injure him. that is my big issue. when people have worked their whole lives and they get sick, we should be able to buy insurance. host: dr. makary, what role -- and if you want to address her specific point, that is fine, but what role do the insurance companies play in this unaccountableness, as you call it? guest: we have had no good ways to measure the quality of health care. the insurance companies have been eager to get into the business of looking at performance and use it as a way to pay hospitals and doctors. the problem is, we have not had a good measure until now. there is a very exciting revolution taking place in medical care now. it is in medicare webs
CNBC
Sep 24, 2012 6:00am EDT
. >>> still to come this morning on squawk, president obama, mitt romney and their respective campaign staffers hitting the airwaves. we'll have some of the highlights. and in the next hour, we have two of the world's most renowned scholars in the field of energy. why they argue that the situation in iran could be a game changer for crude prices. meantime, iranian hackers are have said to have attacked jpmorgan and citigroup. we'll talk cyber security. and ask reputation.com's michael fertik is the nation's banking system is at risk. ffrs . >>> tomorrow on "squawk box," an hour with our guest host barry diller who ran pariramount and fox. we'll talk politics with jeb bush. at optionsxpress we create easy-to-use, powerful trading tools for all. like our all-in-one trade ticket. we put strategies, chains and positions all on one screen. start trading today with optionsxpress by charles schwab. >>> last night both mitt romney and president obama were on "60 minutes" and this was a chance to see both of the candidates. it was a very interesting way of watching about it, among the topics th
CNBC
Sep 25, 2012 1:00pm EDT
with obama saying he is better off on the economy for the next four years. let's take a look at the shape of the economy and the one bright spot, which simon mentioned, which is house. first of all you can the majority say the economy is poor. we are back up to 53%. in fact, it deteriorated from our last survey, only 36% of the public says the economy is fair and take a look at the low percentage, 10%, who say it's excellent. we started this survey back in '07, just before the recession started. it was around 25 or 30% saying the economy was good or excellent. this may be the new normal, just one out of ten saying the economy is good or excellent. now, let's take a look at what they say, in the next chart here about economic optimism. you can see here that it's 35/25 it beats optimism -- it does beat pessimism for the outlook for the future, 35% of the public saying it's going to get better. and we do have a change that we've tracked here. let's get rid of these other items here, take a look at the good -- better versus worse. you can see here back in 2011, it was about even. and now, it
CNBC
Sep 27, 2012 3:00pm EDT
obama as to how to prevent the need for a strike on iran. obama's strategy seems to be based on some sort of wishful thinking, whereas netanyahu's is kind of more built upon historical context and what has prochb to proven to be a success in the past. the only time we've ever seen iran suspend their nuclear program was back in 2003 when the threat of credible military action was real. what netanyahu is coming out and saying today is we better make that real. otherwise, you know, it's going to hit us where we least expect it. >> so, john, what do you think an israeli strike on iran would do to the price of oil and the markets? i mean, obviously this has much broader implications for the world and people's lives, but taking a look at the oil markets, how destabilizing would that be? >> you know, it will depend, maria, on what the strike looks like, to be straight here. a pinprick type of operation like they did in syria and iraq years ago would certainly spike the price of oil. you're going to go right to that 2008 $150 high. maybe even higher. but do we stay there? that's the question
CSPAN
Sep 28, 2012 8:00pm EDT
quo has not worked. we cannot afford four more years of barack obama and we are not going to have four more years of barack obama. we talked to cnbc host maria bartiromo about wall street's view of the economy. this is 50 minutes. >> host: joining us from our new york studio is a familiar face to anyone who is turned on cnbc, maria bartiromo who is the anchor of closing bell on that channel. maria bartiromo i want to start by asking about to headline this morning in "the wall street journal." the side-by-side numbers trouble ahead. this is about the drop in durable goods that was reported yesterday and the headline next to it is, obama trumpets revised job data, saying we are adding jobs. how would you describe our economy today? >> guest: i think right now the economy has worsened. you have got a jobs problem pretty severe and persistent. at 8.1% of the country without a job and of course we know that does not include those who have simply stopped looking so then employment rate is or like 11 or 12% of the country. you mentioned the durable goods numbers yesterday. that indicated thin
CNBC
Sep 26, 2012 4:00am EDT
to volatility that we're seeing this morning. >>> u.s. president barack obama called for an end to extremism yesterday. he also paid tribute to christopher stevens, the u.s. ambassador to libya who was killed during recent protest. in his last major foreign policy address before the upcoming election, obama also reiterated his desire to find a diplomatic solution with iran, but warned that time was running out. usef joins us from iran now. as we can expect to hear from ahmadinejad later today, what might he -- are we going hear any change in rhetoric from the past? how much will the world's attention be focused on this moment? >> well, kelly, you're right. president mahmood ahmadinejad's speech is expected for later today. it comes actually quite at an interesting time because it would be the hollywoodiest dies jewish calendar. of course, obama's speech comes at a time when the united states is facing a very difficult situation in the middle east. we saw the ongoing protests, and of course, anti-u.s. sentiment is at relatively high in terms of its historical sort of context. but again, peace
CNBC
Oct 1, 2012 4:00am EDT
all registered voters, obama hold as five point lead, but 52% of them are being a stros swi acrosses swing states, they favor the obama. the debate starts wednesday at 8:00 p.m. eastern. >>> and if president obama is reelected, one of the first job may be to find a replacement for geithner. the wall street journal reports the white house chief of staff jack lew and former clinton chief of staff are two top candidates. both budget experts and could play a major role in the looming fiscal cliff. >>> nokia's into another big customer for its mapping software. the "wall street journal" says the company will unveil a deal with oracle today in san francisco. nokia also recently signed deals with groupon and amazon. nokia a got into the map business with it purchase and has been expanding the service. and back to the banks, shares in banco have been suspended. the bank has announced it will report record write downs of 9.3 billion euro this is year and have suspended its dividend this month. julia has more reaction to what they're saying. they'll launch the share increase by mid november. d
CNBC
Sep 24, 2012 9:00am EDT
talked and the fact that obama is leading in the polls and the market has to consider the fact that aggressive rises in capital gains tax. that may be a fact. at what point will people sell anticipation of that, do you think? >> i think they are nervously watching and they bought into the qe thing assuming that the gridlock will continue and perhaps from the presidential polls to the presidential election polls. and if there is still not complete control by any one party, the deadlock will continue and the market will be mollified with that. >> you mentioned what you would do if you were at the sidelines at this point in time and "the wall street journal" article was interesting, sort of implying that fund managers were up and will actually sell. the vast majority of mutual fund managers and hedge funds are underperforming their marks. do you think this is going to be a force in the market, as "the wall street journal" wants to make it? it seems to me that the moneying managers outperforming are in such a minority that even if they went to the sidelines -- >> we've seen it. we'
CSPAN
Sep 28, 2012 11:00pm EDT
years of barack obama. we're not going to have four more years of barack obama. >> the yemeni president was in washington d.c. today to speak at the wilson's manner. mr. hadi took over the presidency in february after an uprising forced a previous president to step down after 33 years in power. security remains a major turning ament with president hadi offering to hold talks with al qaeda and other militant groups to take down their weapons. jane harman gives introductory remarks. >> do we have some more room for the president's party? let's see -- okay. good afternoon to welcome to the wilson center. i am jane harman, president and eeo. the wilson center, a living memorial to her 28th president is a vibrant arena for discussion. our charter for business or not busy, but not from creating a safe political space to engage a diversity of views and to explore today's toughest policy issues. all viewpoints are sought out and heard, free from spam. on behalf of the wilson center and the atlantic council, an honor to to welcome his excellency, abdrabuh mansour hadi, the president of the repub
CNBC
Sep 28, 2012 6:00am EDT
if it was president obama gets re-elected, then at the high end you'll see the bush tax cuts not extended for the high end. and then -- but if romney wins it, you would see them all extended. is there one that would have a better outcome in your view? >> you know, i think there's a -- there's a tension between two different things here. on the one hand, there's a sense that in the very near term with a weak overall economic performance continuing that raising levels of taxes wherever in the distribution may have some negative effects on economic growth. and then there's a harder long-term question, frankly, which is how tax rates on capital gains, on dividends which feed through a somewhat complicated channel by encouraging various kinds of saving activity and ultimately lowering the cost of capital to businesses and encouraging investment, how that translates into long-term economic growth. that is frankly a difficult chain to try to measure in any precise way, and consequently it's harder to be able to trace through the quantitative impacts on growth to follow through on channels for that. >> to fol
CNBC
Sep 26, 2012 6:00pm EDT
, i'm larry kudlow, this is the "kudlow report." mitt romney and president obama both hit the trail today as they battle through the key swing state of ohio. but incredibly, romney dialed back his position on tax cuts today. take a listen. >> by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. >> no meant no. wrong idea. people need a tax break. middle class people need a tax break. i said on this show and wrote in a column, your message should be lower
CNBC
Sep 27, 2012 9:00am EDT
. something for candidates romney and obama in today's data. you can imagine romney pounding on the weak growth and obama saying hey, 286,000 more jobs out there and there's also something for bulls and bears but not much anybody from a sober analysis this remains a weak growth economy. melissa? >> thank you very much, steve liesman. >>> and from the u.s. to spain, let's head across the atlantic for more on spain's budget as the country hopes to avoid a bailout. steve sedgwick joins us live with the very latest. steve. >> reporter: yeah, thanks very much, indeed. we just heard literally in the last 20 minutes or so that the press conference, the announcement about this austerity that we've been waiting for all day will now get the conference in around about an hour's time. so all should be revealed about what rajoy intends to do. in the next stage of austerity. because i think the next stage because there's already been at least four bouts of austerity from this government since it came in in december last year. the last was a 2012 budget which we got 64 billion euros worth of austerity
CNBC
Oct 1, 2012 9:00am EDT
and it will limit the upside for next year. >> is there a point at which you see obama in the polls and you say actually now i believe that we are going to get the tax hikes and the market should fall? there must be a watershed quite soon as we head towards particularly what happens in the house and the senate. >> our focus has been on the senate. we think that's what's going to mostly influence the outcome. i hope there's appetite to see the rates low. i don't see a benefit from raising them. i would call a coin toss on the senate outcome. but wiser minds will see the wisdom of helping the fed in its efforts to stimulate asset prices by not onerously raising taxes on the most important asset class other than homes. >> have you actually calculated a number? you said it would give back some of the rally. but is there a number or a percentage? >> 12-month price target is 1,500. we've written in our research that 1,600 would be a reasonable 2013 end. i need to see an acceleration in global growth. >> contingent on both, not just the tax issue? >> both. somewhere between 1,500 and 1,600. >> david,
Search Results 0 to 18 of about 19